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A.M.R. Appraisals, Inc.
New to Angi
Appraisal - General

Serving Euclid, OH and surrounding areas

In business since 1985

Andy Socha, SCA has been in the Ohio area for over twenty five years. Senior Certified Appraiser & FHA Approved. Good Quality Results - Accurate, Professional. Reliable Valua- tions,Thorough Inspections,Defensible Opinions. Andy Socha is currently offering his appraisal services in Cuyahoga, Summit, Geauga, Lake, Lorain, Medina and Portage Counties. He is a dependable and affordable appraiser. Also Fore- closure & REO Experience. Divorce, Estates, Insurance Damage Settlements Experience. Confident that his hard work, dedication and honesty in the business are the most important reason that people have awarded him the opportunity to service them.

Antiques and Jewelry Appraisals questions, answered by experts

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Euclid, OH homeowners’ guide to antique and jewelry appraisals

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